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Southcentral Wisconsin

Home ready to be purchased or sold through The Frugal BrokerAt The Frugal Broker, we share our commission with buyer clients as a way of saying “Thank You” for your business.

When a homeowner lists property with a full service real estate broker, typically, the homeowner pays the listing broker a commission equal to 6.00% of the sale price. On occasion, the listing broker will locate the buyer, and collect the entire commission. However, in the vast majority of real estate transactions, a buyer’s broker locates the property on behalf of the buyer, and guides the buyer through the purchase process. At closing, the listing broker and buyer’s broker generally split the commission fifty-fifty (i.e. 3.00% per broker).

Price of Home Typical Commission Paid by the Homeowner to the Listing Broker (6.00%) Typical Commission Paid by the Listing Broker to the Buyer’s Broker (3.00%) Commission Retained by The Frugal Broker (2.50%) Incentive Paid by The Frugal Broker to the Buyer (0.50%)
$50,000 $3,000 $1,500 $1,250 $250
$75,000 $4,500 $2,250 $1,875 $375
$100,000 $6,000 $3,000 $2,500 $500
$150,000 $9,000 $4,500 $3,750 $750
$200,000 $12,000 $6,000 $5,000 $1,000
$250,000 $15,000 $7,500 $6,250 $1,250
$300,000 $18,000 $9,000 $7,500 $1,500
$350,000 $21,000 $10,500 $8,750 $1,750
$400,000 $24,000 $12,000 $10,000 $2,000
$450,000 $27,000 $13,500 $11,250 $2,250
$500,000 $30,000 $15,000 $12,500 $2,500
$1,000,000 $60,000 $30,000 $25,000 $5,000

Unlike most buyer brokers, who keep their entire commission (i.e. 3.00%), The Frugal Broker only keeps 2.50%. As an incentive to do business with The Frugal Broker, within ten business days of closing, The Frugal Broker mails buyer clients a check for the difference between the total commission paid to The Frugal Broker (i.e. 3.00%), and 2.50% of the purchase price.

Put Us To Work For You, And We’ll Help You Pay For Your Next Home!